Magnitogorsk Iron and Steel Works has concluded an investment contract with Danieli & Officine Meccaniche S.p.A. on the modernization of the 170 two-thread mill in the bar shop. The price of the contract is 5.5 million euros. The project is expected to be concluded in 2019. The project presupposes the modernization of the cooling rolling…Details
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Chelyabinsk Iron and Steel Works has produced rails for the reconstruction of railroads near the Baikonur and Plesetsk cosmodromes. The products have been shipped to one of the Roskosmos enterprises. So far around 1 thousand tons of R65 rails have been supplied. The deliveries will continue this year. (Ukrainian metal)Details
Severstal has started delivering ArmaNorma (A600C) rebars for the construction of the Akkuyu nuclear power plant in Turkey. In December 2017 the group shipped the first batch of rebars weighing 400 tons for the foundation of the power plant. Some 1.6 thousand tons of rebars more will be delivered in early 2018. “Participation in such…Details
Russian gold producer Polyus has cancelled an agreement to sell a 15% stake to China’s Fosun, the company said in a statement on January 15. “Polyus, the largest gold producer in Russia, notes the announcement made earlier by Polyus Gold International Limited that the agreement to sell 12,561,868 of the ordinary shares in the company…Details
Energomashspetsstal has produced a batch of rolls for Azovstal Iron and Steel Works. According to the company statement, the rolls have been mechanically treated and shipped to the customer. The total weight of the batch is 315.18 tons. The rolls will be used in the bar manufacture. In 2016 EMSS received 1.497 billion UAH of…Details
NLMK-SAP Innovations Lab together with the National Center of Internet of Things (NCIT) have developed a pilot 3D positioning system for shop-floor employees of hot-dip galvanizing line No.1 at NLMK Group’s Lipetsk site. The system enables real-time tracking and analysis of equipment operating mode changes and employee positioning. The tracking information, amassed in a database,…Details
Uzbek President Shavkat Mirziyoyev has approved the plan of measures in connection with the construction of a mining and metallurgical complex based on the Tebinbulak deposit. The new complex will be built by 2024. Its capacity will be up to 1 million tons of steel products per year. The country’s government approved a preliminary feasibility…Details
Belarus Iron and Steel Works (BMZ trademark) is among the first in the CIS to get an IATF 16949:2016 certificate, the BMZ press service reported. The certificate was issued by TUV Rheinland Group (Cologne, Germany), a leading provider of independent audit services, following an audit conducted at BMZ in December 2017. The document certifies the…Details
In 2017 Mariupol Ilyich Iron and Steel Works increased rolled metal output by 12.7% YoY, to 2.785 million tons. According to the company statement, steel manufacture grew by 13.1%, to 3.096 million tons, and pig iron – by 9.1%, to 4.164 million tons. In December 2017 the company produced 260 thousand tons of rolled metal,…Details
Rosatom has decided to unite on the basis of its trading house the Tekhsnabexport company (Tenex, which exports processed uranium to NPPs) and its foreign trading in natural uranium, previously conducted by Uranium One. The decision was taken in late 2017. At the same time last summer U1 intended to actively develop its own trading,…Details
KMZ has won a tender to supply pig iron to Minsk Tractor Works (Belarus), one of the world’s leading manufacturers of tractors. In Q1 the company will ship 9 thousand tons of pig iron castings to the Belarus works. The companies have been cooperating for a number of years. (Ukrainian metal)Details
The foundry-rolling complex of Vyksa Iron and Steel Works has produced 10 million tons of steel since its commissioning. The complex employs some 1 thousand people. The manufacture of its own steel coils allows the complex to effectively manage expenses, quickly respond to market needs and decrease the time of delivery to customers. This year…Details
In December 2017 DTEK Energo increased coal deliveries to its thermal power plants by 4.5% MoM, to 1.9 million tons. According to the company statement, last month DTEK supplied 1.5 million tons of gas coal, on the level of November 2017. Anthracite imports increased by 21.8%, to 395 thousand tons. (Ukrainian metal)Details